Cedar Fair, L.P. (NYSE:FUN) declared a quarterly dividend on Wednesday, November 6th, Zacks reports. Investors of record on Wednesday, December 4th will be paid a dividend of 0.935 per share on Tuesday, December 17th. This represents a $3.74 dividend on an annualized basis and a yield of 6.72%. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a positive change from Cedar Fair’s previous quarterly dividend of $0.93.
Shares of NYSE:FUN opened at $55.69 on Friday. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 2.34 and a beta of 0.49. Cedar Fair has a 52 week low of $45.58 and a 52 week high of $64.86. The firm has a 50 day moving average of $57.06 and a 200 day moving average of $53.21.
Cedar Fair (NYSE:FUN) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $3.34 EPS for the quarter, missing analysts’ consensus estimates of $3.46 by ($0.12). The business had revenue of $714.50 million during the quarter, compared to the consensus estimate of $684.43 million. Cedar Fair had a negative return on equity of 939.99% and a net margin of 12.03%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $3.76 EPS. As a group, equities analysts anticipate that Cedar Fair will post 3.4 earnings per share for the current fiscal year.
Cedar Fair Company Profile
Cedar Fair, L.P. owns and operates amusement and water parks, and hotels in the United States and Canada. The company operates approximately 11 amusement parks, 2 outdoor water parks, 1 indoor water park, and 4 hotels. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Canada; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Kings Dominion located near Richmond, Virginia; California's Great America located in Santa Clara, California; Valleyfair located near Minneapolis/St.
Read More: Most Volatile Stocks
Receive News & Ratings for Cedar Fair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cedar Fair and related companies with MarketBeat.com's FREE daily email newsletter.